The Week in AgriFoodTech: Climate tech co Root Global lands $8.8m, Innovafeed does pet food, Regrow does layoffs

The Root Global team.

This week, funding rounds went to Germany-based climate tech startup Root Global, high-protein foods maker David, and a hand full of others in food and agriculture.

Elsewhere, insect protein maker Innovafeed launched some high-profile partnerships in the pet food industry, a new plant-based meat brand emerged in Europe, and Regrow Ag sadly announced layoffs.

The Root Global team.

Foodtech & agtech funding

๐Ÿ‡บ๐Ÿ‡ธ David raises $10 million in seed funding to support science-based nutrition Food Manufacturing

๐Ÿ‡บ๐Ÿ‡ธ De Novo Foodlabs funding accelerating alternative lactoferrin product Food Business News

๐Ÿ‡ฉ๐Ÿ‡ช German Root Global secures โ‚ฌ8M for its climate footprint management solution Vest Bee

๐Ÿ‡ธ๐Ÿ‡ฌ DiMuto secures US$5.9m to boost global agri-food chain traceability Agtech Navigator

๐Ÿ‡ง๐Ÿ‡ท Fresh off a new funding round, precision ag startup BemAgro plans to optimize forest management with AI AgFunderNews

InnovaFeed pilot plant Decatur grand opening Image credit InnovaFeed
Image credit: InnovaFeed

M&A, IPOs & partnerships

๐Ÿ‡บ๐Ÿ‡ธ FBN and ADM launch a new company to connect grain buyers with more regeneratively grown goods AgFunderNews

๐Ÿ‡ซ๐Ÿ‡ท Innovafeed launches cobranding partnership with Jiminy’s, Arch Pet Food Industry

๐Ÿ‡ฌ๐Ÿ‡ง UK plant protein maker The Tofoo Co acquired by private equity firm Comitis Capital Green Queen

๐Ÿ‡บ๐Ÿ‡ธ Big Idea Ventures partners with key industry players to launch next-gen pet food innovation program Vegconomist

Funds, grants & accelerators

๐Ÿ‡ป๐Ÿ‡ณ Vietnam’s Mekong to launch $200m Earth Regeneration Fund Agri Investor

๐Ÿ‡บ๐Ÿ‡ธ Empire State Development announces selected finalists for round six of annual $3 million Grow-NY Global business competition Empire State Development

๐Ÿ‡บ๐Ÿ‡ธ NASA awards $1.25M to three teams at Deep Space Food finale Vertical Farm Daily

Plant-based selections from Beanstalk.

People moves

๐Ÿ‡ฆ๐Ÿ‡บ FarmTogether surpasses $200M AUM milestone, announces new CEO to guide future expansion FarmTogether

๐Ÿ‡จ๐Ÿ‡ญ Ecorobotix appoints Cameron Holbrook as North America CEO Global Agtech Initiative

Other news

๐Ÿ‡ช๐Ÿ‡ธ Beanstalk Foods launches to expand plant-based meat options in the European market The Plant Base

๐Ÿ‡จ๐Ÿ‡ฆ Canadaโ€™s rail network shuts down: Hereโ€™s what it means for agriculture Agriculture Dive

๐Ÿ‡ณ๐Ÿ‡ด Norway becomes latest country to recommend eating mostly plants in new dietary guidelines Vegconomist

๐Ÿ‡บ๐Ÿ‡ธ Layoffs at Regrow Ag Regrow Ag LinkedIn

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REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE